Lagercrantz provides a general update with regard to the Corona virus pandemic.
Limited impact from Covid-19 to dateThe effects of the Corona virus pandemic on Lagercrantz’s operations have been limited to date. As of today, the Group has not compiled the results for the final month of the financial year (March 2020), but the assessment is that profits and cash flow continued to be good. The balance sheet is strong and liquidity and credit facilities are substantial. However, the uncertainty ahead of the coming quarters has increased. Volatility has increased in recent weeks where some of the Group’s companies still have a strong inflow of orders while others have